Word: antitrusters
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...valued at $7.5 billion already on the table, QVC shopping-network chairman Barry Diller unveiled a staggering $9.5 billion counteroffer. Paramount stockholders could almost be heard sighing at the thought of their potential profits. In a counterassault with personal overtones, Viacom chairman Sumner Redstone fired back with an antitrust suit accusing one of Diller's chief backers, John Malone, the head of cable-TV powerhouse Tele-Communications Inc. (TCI), of monopolizing the cable industry...
Last Thursday, the Justice Department acknowledged without further explanation that it had ended a five-year antitrust investigation into the methods certain colleges use to set faculty salaries, financial aid and tuition...
When the Justice Department first brought suit against the eight Ivy League schools and MIT in 1991 charging antitrust, the Ivy League schools, including Harvard, soon signed a decree consenting to the end of the practice of sharing information...
...only school that went to court. In the first hearing at the U.S. District Court in Philadelphia, the Justice Department's case seemed sealed with a ruling that MIT had violated the Sherman Antitrust...
...analysis of the situation, this is a case in which...in our estimate, there was poor management of antitrust [legislation," Campbell said. "What we said would happen has happened--bidding wars. The best thing is to drop...